[lbo-talk] the Grundrisse and credit

[c b]

But there were many fewer consequences. A debt jubilee now would lead to
total financial collapse. U.S. households alone hold $47 trillion in
financial assets. Imagine what would happen if even 1/4 of those went poof.

Doug

^^^^
CB; This seems to me to be a fundamental contradiction for the Occupation
of Wall Street.  Wall Street is the 99%  in significant part , no ?  (yikes
! lets not broadcast this).  The curse of "People's Capitalism".